CA > North Hollywood
North Hollywood, CA 91606,6635 Wilkinson AVE
North Hollywood, CA 91606,6635 Wilkinson AVE
North Hollywood, CA 91606,6635 Wilkinson AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,850,000
Est. payment /mo
0.38 Acres Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25197224

HOA Y/N No

Year Built 1960

Lot Size 0.382 Acres

Property Sub-Type Apartment

Property Description

Motivated market Seller! Bring all offers. 6635 Wilkinson Avenue presents a great opportunity to acquire a 17-unit multifamily property in the highly desirable Valley Glen pocket of North Hollywood, one of the most stable rental submarkets in the San Fernando Valley. The property offers a balanced and versatile unit mix—including 6 one-bedroom units, 8 two-bedroom units, and additional layouts ranging from studios to spacious three-bedroom residences—catering to a wide spectrum of renter demand. With a conservative 43% expense ratio (no broker math) and a true in-place cap rate of 5.34%, the asset delivers strong and reliable cash flow, making it both an attractive cash-flowing
investment and a long-term hold.

Located along the newly repaved Whitsett Avenue, the asset sits within a quiet, residential neighborhood that still benefits from its proximity to major employment and cultural centers. Just minutes away, the NoHo Arts District offers a vibrant collection of theaters, dining, and creative studios, while the nearby Metro B/G Line station at North Hollywood provides direct transit access to Hollywood, Downtown LA, and beyond. Within walking distance, tenants also have access to local parks, recreational fields, and community amenities, further enhancing the property's renter appeal.

Location

State CA

County Los Angeles

Area Nho - North Hollywood

Zoning LAR3

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 17.0

Garage Description 17.0

Pool Community, Fenced

Community Features Urban, Pool

Total Parking Spaces 17

Private Pool No

Building

Lot Description Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 2333002042

Acceptable Financing Cash, Conventional, Contract, 1031 Exchange

Listing Terms Cash, Conventional, Contract, 1031 Exchange

Special Listing Condition Standard

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CRMLS – RECore
Listed by Matthew Sillaman West Shores Realty, Inc. 541-543-0407

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